NVC INTL 02222·

Gross margin --------------------------------------------------------27.89%--22.85%5.05%28.53%5.68%31.55%3.02%34.29%2.74% Net margin --------------------------------------------------------1.41%---1.98%3.39%15.95%17.94%-6.49%22.44%5.55%12.04% ROE --------------------------------------------------------0.18%---2.15%2.33%7.38%9.54%-3.82%11.20%2.52%6.34% ROA --------------------------------------------------------0.77%---0.94%1.71%6.36%7.30%-2.74%9.09%2.08%4.82% Revenue growth -------------------------------------------------------------18.05%---14.13%3.92%1.76%15.89%-7.88%9.65% Attributable profit growth -------------------------------------------------------------1272.15%--471.17%1743.31%-149.59%620.76%166.78%316.37% Debt-to-assets --------------------------------------------------------24.43%--19.97%4.46%15.12%4.85%16.65%1.54%19.79%3.13% Current ratio --------------------------------------------------------2.40--2.500.103.050.563.020.032.870.14 Operating cash flow / net profit ---------------------------------------------------------3.67--2.275.930.931.34-1.192.122.063.25 Operating cash flow / revenue ---------------------------------------------------------5.16%---4.50%0.66%14.87%19.38%7.74%7.13%11.45%3.71%

Gross margin 37.86%--32.86%5.00% Net margin 14.24%--0.93%13.32% Revenue growth ----11.52%-- Attributable profit growth -----93.70%-- Debt-to-assets ----3.93%-- Current ratio ----3.03-- Operating cash flow / net profit 0.30--6.576.27 Operating cash flow / revenue 4.24%--6.08%1.85%

Revenue --------------------------------------------------------2.37B--1.95B18.05%1.67B14.13%1.70B1.76%1.57B7.88% Other income and gains --------------------------------------------------------46.52M--50.70M8.98%46.78M7.73%48.16M2.94%38.00M21.09% Gross profit --------------------------------------------------------662.43M--444.69M32.87%476.79M7.22%536.62M12.55%537.26M0.12% Selling and distribution expenses --------------------------------------------------------272.68M--278.48M2.13%246.84M11.36%221.71M10.18%202.60M8.62% Administrative expenses --------------------------------------------------------256.22M--232.92M9.09%259.03M11.21%243.97M5.81%250.44M2.65% Net finance costs --------------------------------------------------------7.53M--17.15M127.87%6.20M63.87%5.10M17.76%2.20M56.83% Income tax --------------------------------------------------------29.52M--14.78M49.94%19.73M33.52%21.91M11.04%29.65M35.35% Operating profit --------------------------------------------------------86.91M---154.02M277.21%171.03M211.05%-125.62M173.45%124.27M198.92% Share of associates and JVs ---------------------------------------------------------16.39M--147.32M998.59%121.56M17.48%42.25M65.24%-5.41M112.81% Profit before tax --------------------------------------------------------62.99M---23.85M137.87%286.40M1300.63%-88.47M130.89%116.66M231.86% Net profit --------------------------------------------------------33.47M---38.63M215.44%266.66M790.25%-110.38M141.39%87.00M178.82% Net profit attributable to owners --------------------------------------------------------5.81M---68.15M1272.15%252.94M471.17%-125.44M149.59%83.76M166.78%

Revenue 107.16M--119.50M11.52% Other income and gains 3.19M--3.46M8.66% Cost of sales 66.59M--80.23M20.50% Gross profit 40.58M--39.27M3.22% Selling and distribution expenses 15.18M--14.62M3.70% Administrative expenses 15.98M--16.07M0.57% Net finance costs 259.00K--402.00K55.21% Income tax 1.48M--929.00K37.14% Share of associates and JVs -568.00K---4.24M646.13% Profit before tax 16.74M--2.04M87.84% Net profit 15.26M--1.11M92.75% Net profit attributable to owners 15.22M--959.00K93.70%

Cash and cash equivalents --------------------------------------------------------948.27M--592.39M37.53%766.87M29.45%675.19M11.95%874.73M29.55% Trade and bills receivables --------------------------------------------------------500.40M--319.35M36.18%350.34M9.70%356.08M1.64%316.28M11.18% Inventories --------------------------------------------------------624.04M--447.86M28.23%320.39M28.46%290.13M9.45%306.55M5.66% Total current assets --------------------------------------------------------2.32B--1.85B20.26%1.71B7.70%1.79B4.74%1.97B9.80% Total assets --------------------------------------------------------4.35B--4.10B5.62%4.19B2.23%4.04B3.77%4.17B3.41% Total current liabilities --------------------------------------------------------970.20M--742.70M23.45%560.79M24.49%593.34M5.80%684.27M15.33% Total liabilities --------------------------------------------------------1.06B--819.13M22.86%633.92M22.61%672.04M6.01%825.71M22.87% Equity attributable to owners --------------------------------------------------------3.20B--3.17B0.93%3.43B8.25%3.28B4.23%3.32B1.32% Total equity --------------------------------------------------------3.28B--3.28B0.04%3.56B8.42%3.36B5.51%3.35B0.48%

Cash and cash equivalents ----122.98M-- Trade and bills receivables ----46.14M-- Inventories ----50.36M-- Total current assets ----289.12M-- Total assets ----511.87M-- Total current liabilities ----95.49M-- Total liabilities ----20.11M-- Equity attributable to owners ----486.92M-- Total equity ----491.76M--

Net cash from operating activities ---------------------------------------------------------122.66M---87.67M28.52%248.57M383.52%131.62M47.05%179.42M36.32% Net cash from investing activities ---------------------------------------------------------70.38M---495.01M603.32%178.53M136.07%-211.59M218.52%-5.69M97.31% Net cash from financing activities ---------------------------------------------------------49.12M--200.71M508.59%-219.03M209.12%-28.20M87.12%59.71M311.74% Net change in cash ---------------------------------------------------------242.16M---381.97M57.73%208.07M154.47%-108.17M151.99%233.45M315.81%

Net cash from operating activities 4.54M--7.27M60.07% Net cash from investing activities 9.51M---7.22M175.94% Net cash from financing activities -2.49M---581.00K76.65% Net change in cash 11.56M---530.00K104.59%